Streetwise Oil & Gas Articles
Want Jobs? Let Us Drill, Industry Says
Source: CNN Money, Steve Hargreaves (9/7/11)
"With looser restrictions, the industry says it could deliver 1.4 million new jobs, boost tax rolls by $800B and increase domestic energy production almost 50%."
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Setting the Speed Limit for Oil
Source: The Wall Street Journal, Liam Denning (9/7/11)
"The question for energy bulls is whether $90 is now as good as it gets."
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Tar Sands Oil Will Reach U.S. Sans Pipeline
Source: Forbes, James MacPherson (9/7/11)
"Study says Canadian oil will make its way to U.S. refineries by rail, barge or trucks."
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Greece Opens New Round of Geothermal Bidding
Source: Bloomberg, Sally Bakewell (9/7/11)
"Greece opened bidding for geothermal exploration as it seeks to become an exporter of renewable power."
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EU Seeks Power to Block Bilateral Energy Deals
Source: New York Times, James Kanter (9/7/11)
"In light of Russia's new gas pipeline, the EU aims to curb oil and gas exporters' power."
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Rick Rule: Supply Decrease + Demand Increase = Explosive Oil Upside
Source: Special to The Energy Report (9/6/11)
Global Resource Investments Founder and Chairman Rick Rule is a self-described energy bull. In this special Energy Report from his latest web broadcast, he highlights the global macro-trends that will drive energy prices—oil, natural gas, uranium and alternative energy—way up in the coming years.
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Deficit Panel May Aim at Oil Tax Breaks
Source: Houston Chronicle, Jennifer Dlouhy (9/6/11)
"A big question is whether the panel will embark on a broad rewrite of the tax code, with a lower corporate tax rate in exchange."
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The Black Monday the Public Doesn't Know About
Source: Chris Vermeulen, TheGoldAndOilGuy (9/5/11)
"We will need to see some resolutions in Euro-land before gold will trade lower or sideways."
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Kuwait, Saudi Boosted Oil Output to Ease Prices
Source: AFP (9/4/11)
"'Without this measure, oil prices would have shot above current levels causing a global crisis and contributing to a recession in the global economy.'"
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Trading Oil's Trends
Source: Chris Vermeulen, TheGoldAndOilGuy (9/1/11)
"This week, the overall market is leaning towards lower prices. All bounces in the oil price should be considered shorting opportunities."
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Oil Trades Near One-Month High
Source: Bloomberg, Mark Shenk (9/1/11)
"U.S. manufacturing unexpectedly grew last month and jobless claims decreased, bolstering hopes for the world's biggest crude consumer."
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How Much U.S. Shale Gas Is There, Really?
Source: MIT Technology Review, Mike Orcutt (8/31/11)
"It appears there are more than enough recoverable resources in the Marcellus to meet foreseeable demand."
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Natural Gas Marches On
Source: The Motley Fool, Adam J. Crawford (8/31/11)
"An expanding natural gas refueling infrastructure coupled with the decreasing incremental cost to convert could jump-start the natural gas vehicle industry."
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Earthquakes, Hurricanes and. . .Shale?
Source: IPAA (8/31/11)
"The U.S. Geological Survey announced has increased its estimates of Marcellus Shale natural gas deposits to a staggering 84 trillion cubic feet."
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Oil Stocks and Relative Strength: What to Look For
Source: Keith Schaefer, Oil & Gas Investments Bulletin (8/30/11)
"Certain stocks will perform better than index benchmarks and others will perform worse. By using both oil and stock indexes we can improve our chances of picking quality stocks."
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Natural Gas Stocks Expand In Line
Source: Zacks Investment Research (8/30/11)
"The U.S. Energy Department's weekly inventory release showed an in-line build-up in natural gas supplies."
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Western Majors to Get First Crack at Libyan Oil
Source: David Zeiler, Money Morning (8/30/11)
"Countries that supported Gadhafi's overthrow will likely be first in line for post-war Libyan oil production, while those that sat on the sidelines may miss out."
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Fracking Is Here to Stay
Source: Financial Post, Christopher Swann (8/30/11)
"Even by ultra-conservative reckonings, there's still up to 109 years of production remaining."
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The Perils of Moving from Oil to Synthetic Fuel for Vehicles
Source: Kent Moors, Money Morning (8/29/11)
"What's happening in Uzbekistan right now has great relevance for the rest of usespecially when it comes to how we power our vehicles."
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Unleashing Energy and Jobs
Source: Houston Chronicle, Barry Russell (8/29/11)
"Forget what you thought you knew about the oil and gas industry. In the U.S., it's the independents that are doing the heavy lifting."
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Alberta Makes Concessions to Oil-Sand Producers in Parks Plan
Source: Dow Jones, Edward Welsch (8/29/11)
"Final version of the conservation plan for the oil-sands region achieves 'balance between the environment, development and the community aspect of living and working in Alberta.'"
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Crude Gains as Market Hopes for Fed Action
Source: Dow Jones, Jerry DiColo (8/25/11)
"Stock and commodity markets hope that the Federal Reserve will signal a new round of stimulus measures Friday."
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Risk-On Trades Are Back
Source: Chris Vermeulen, TheGoldAndOilGuy (8/25/11)
"The overall market seems to be entering a pivot point. It's likely that another big move is brewing."
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Libya to Honor All Legal Oil Deals: Jehani
Source: Reuters, Mahmoud Habboush (8/24/11)
"Reconstruction efforts to bring oil and other industrial infrastructure back to normal would take at least nine months."
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Oil Trade Links to Syria Cut Ahead of Embargo
Source: Financial Times, Javier Blas and Sylvia Pfeifer (8/24/11)
"Industry executives said that several traders and foreign oil companies had over the past few days quietly stopped dealing with Syria."
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